Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-01-07
ON CHANGE.
Spoi Cotton Unchanged, Futures from
One 70 Three Points Higher.
Money Market Easy.
Wheat Opened Lower, Reacted and Closed
AT Gn Advance. Live stock Trans
actions Brisk.
FORT WORTH UNNECESSARILY RE
VIEW.
OFFICE or THE GAZETTE, !
FORT WORTH, TEX. Jan. 5, 1897,

OFFICE OF THE GAZETTE,
FORT WORTH. TEX. Jan. 5, 1887.
Trade was rather sluggish to-day.
Cotton, tinged, ruled at 7sc, with re-
ceipts small.
Chickens and turkeys, for better grades,
have advanced. Note change in quota
! lions.
Apples are very firm and the tendency
is still upward.
Eggs remain at 23c, with good demand
THE STATE OF TRADE.
| Special kilograms to Brad5treet's in.
| dictate that general trade in wholesale
( lines declined still further during the
closing week of 1886. This was 10 be eX
pected with holidays, annual stock takirg
and examination Of accounts attracting
special attention. Twenty five leading
| distributing points almost uniformly
cbaracter!ze the movement of mer.
chandise as quiet, but in nearly
every instance confidence is expressed
in 8 revival of demand for staple
goods by the middle OF January or short
! IL after. Inquiry at Boston, New York,
Nashville, ST. Louis and ST. Joseph brings
out the statement that the years business
in most staple lines exceeds like totolS
in 1885. This, it will be understood, is
the result of the moderate revival, which
only began to be visible four months ago.
The Boston money market is more strin-
gent than last week, bu5 contrasts in this
respect with most others. Mercantile col
lections are reported fairly satisfactory in
nearly all directions. The interior
demand for funds at Chicago and NIL
waukee has declined. There has been q
decided check to speculation in some
lines, although there has been Considera-
ole improve mcnt in price
This decline in the aggregate of trans
actions, speculative and others Gin part
owing to a week of five days only, shows
itself in decrease OF bank ClearingS at
thirty-two cities. The totals as wired to
Bradstreets aggregate S799, O9O, O62, q
decline OF shout 1925, 200 900 from pre-
ceding week, q per cent, Uf which SPA
600. 900 decrease was At New York, 81, :
900 600 at Boston, S19.l 900 at Paiia-
delphla, Sll 100000 at Chicago, SO Co.,
900 at s.. l. ui-, S2,200,000 at New Or
leans. S2000,000 ct Baltimore, ara
81 900 900 each at Providence and Pitts
burg. Tne-T was also Il falling off n the
grand total as compared with the last
week in 1885 amounting to about ST.
900, 900, or nearly per cent.
l. aueDced by easier money, By better
feeling as to the effect Of the inter state
commerce bill, and by the resumption of
dividends by the Vanderbilt roads, the
New York stock market is active, with a
revival of speculation and an advancing
tendency in prices. A feature WAS the
absence of foreign support through the
interruption to cable communication.
The transactions of the week tive
dsys) were 1,59i,442 shares,
against l,7O9,40l shares the pre-
ceeding week aud 1854 IA shares
the corresponding week In 1885 Bonds
were stron;. under an investment demand.
Transactions for the week Give days.
were Goal 400, against S6,352, 100 the
preceding week. Money Is fairly easy,
the banks being now in good condition to
meet January l payments, which will I'M
lock large amount Of money. "ome
Sc, 900, 900 gold was # ceived from Europe.
Call luans are 4G6 per cent, time
money 5@6 per cent, and CONNER
cial paper is in poor supply at per
cent. Foreign exchange is higher at
figures which check further gold imports
The est mated total of interest and divi
druds due January |, at Nv York, is
s75 ,000, 900, ct Boston SI5, 600, and al
Pn'ladrlphia SI2,000,000, Ill all over
500, 000,0 600.
The tntal number of mercantile failures
in the United S ates for 1886, rs reported
with comparisons to Bradstreet's, SHOWS
a continuance Of the improvement noted
in the totals of 1885, as follows:
No. 1874 10 SIS III Ills i iI6aO O,sgg
So So SIg o S552 5000 1874, SO QUO S9l 1000
La ll3 CAS- 0O0 900 PAS I4u,VUU 1885, W
The iron and steel markets continue
conspicuously strong, anu pig iron has
advanced 25@50c. OF the West At the
East sales have been made at S2l so above
The nominal quotation. Steel ais are
reported TO have been sold at $50 at
the mill, an advance of 81, and it Is
added that $40 is close at hand. Old
and new material of all sorts are very
firm indeed. Dry goods are dull
but strong. Stocks of cottons are small
and production will probably be iucreas-
ed within few weeks. Fancy prints will
open next week at &C.,, the same as last
ear. Raw wool is dull and sales at
concessions by recent firm holders, as
well as by Texas growers, have not
strengthened the market.
Wheat has been irregular, but closes
the week with q net advance of &c. per
bushel, based on better export inquiry, re-